Summit midstream partners LP bought two natural gas collection system, a total of 460 million dollars.
The acquisition including bison middle co., LTD., operating two county, North Dakota's $250 million in cash and stock. The system includes six 300 km of gas pipelines and compression station. In the process of the system's total capacity increased by 50%, about 30 cubic feet per day.
In addition, the summit will be MarkWest energy partners LP to pay $210 million in West Virginia is a part of the marcellus shale gas assets collection and compression. The system includes more than 40 kilometers, the new set of high-pressure gas pipeline, certain rights of way and the pipe and two compressor station, zammit said.
Summit, President and chief executive officer Steve ', and acquisition of companies would give his size is larger, to carry out its development strategy, and its customers and diversified geographical footprint.
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